ABRY Partners News

NSM Insurance Group, an insurance program administrator based in Pa., has agreed to enter into a joint venture with Massachussetts-based private equity investment firm, ABRY Partners, and AIG. Through this partnership, NSM Insurance Group aims to quickly grow and diversify …

Confie, a national provider of personal and commercial lines insurance, has acquired Most Insurance, LLC of Tampa, Fla. Established by Bob Most in 1973, Most Insurance, LLC is a family owned and operated business. With three locations in the metro-Tampa …

National personal lines insurance broker Confie said it has acquired four insurance brokers with locations in Alabama, western New York and Florida. Confie acquired TS Insurance Group which specializes in non-standard auto insurance, and operates five locations in Montgomery, Abbeville, …

Boston-based private equity firm ABRY Partners has completed a significant investment in the The Hilb Group, a Richmond, Virginia-based insurance group. In connection with the transaction, The Hilb Group said its current private equity partner, BHMS Investments, which came onboard …

Confie Seguros, a national provider of personal lines insurance, has acquired three insurance brokerages, two in New York’s Buffalo area and one in California. Confie Seguros acquired The Insurance Market Agency Inc. in Tonawanda, New York and Action Auto Insurance …

York Risk Services Group Inc., the insurance claims services provider owned by private-equity firm ABRY Partners LLC, is exploring a sale that may value the business at more than $1.5 billion, people with knowledge of the matter. York Risk is …

Confie Seguros’ president wants it known that the agency made good on its promise a year-and-a-half ago to up its buying spree and expand into standard personal and small commercial lines, all while broadening its demographic from being primarily a …

Mid-market private equity firm Genstar Capital Management LLC has partnered with an insurance industry veteran to create a new platform company, Palomar Insurance Holdings, which will initially serve as a provider of commercial and residential earthquake insurance. Concurrent with the …

Confie Seguros has acquired Olympic Insurance in Shelton, Wash., a provider of auto, home and small commercial insurance. Olympic Insurance was founded in 1997 and is a privately owned independent insurance agency serving Washington. Confie first entered Washington in 2010 …